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Don't cheer up yet

12 July 2006 By Edward Hadas

At 2% of world GDP, it is still dangerous. But the gap hasn t increased for eight months, despite a 20% rise in the energy import bill. Strong airplane exports play a big part. But optimists should beware. There was a similar pause in the first half of 2005. Strong aircraft exports play a big part. But optimists should beware. There was a similar pause in the first half of 2005.

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